LSSU594 Issues in Commercial and Financial Services Law

Updated: 17 September 2019
Credit Points 6
Location Teaching Period Mode of Study
Armidale OUA Trimester 1 Online
Armidale OUA Trimester 3 Online
Armidale Trimester 1 Online
Armidale Trimester 3 Online
Intensive School(s) None
Supervised Exam There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will either be paper-based and offered at an established exam venue or online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.
Pre-requisites candidature in GradCertAcc or GradCertCom or GradDipAcc or GradDipCom or GradDipFinPla or MCom or MPA
Co-requisites None
Restrictions GSB410 or GSB748 or GSB749 or LS379 or LSSU450 or LSSU451 or LSSU591 or MBA748 or MBA749

This unit has been amended from Trimester 2 2019 to comply with FASEA curriculum requirements.

This unit can be undertaken in the Graduate Diploma in Financial Planning or on a Non-Award basis as a stand-alone bridging subject to meet FASEA's Education Standard for existing Financial Advisors with approved or relevant degrees. Please see the Non-Award course entry in the Course and Unit Catalogue to apply now.

Combined Units LSSU394 - Issues in Commercial and Financial Services Law
Unit Description

This unit is available to non-law students only. It provides students with foundational information on the Australian legal system and legal principles of relevance to commercial relationships. Specifically focusing on financial planning and advising under Chapter 7 of the Corporations Act 2001 (Cth). The topics covered include: the Australian legal system; an overview of the law of torts and property law; an overview of contract law; an overview of consumer law; business structures and the law of agency; structure of companies; corporate governance; corporate liability; corporate finance; and financial services law. Chapter 7 of the Corporations Act 2001 (Cth); the information content of a financial services guide and the requirements for issuing a statement of advice; an overview of the requirements of anti-money laundering regulations and the implications of privacy laws for issuing financial planning advice.

Materials Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment Assessment information will be published prior to commencement of the teaching period.
Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate an advanced understanding of aspects of the Australian legal system, its sources of law, and how the system operates in relation to regulating business and commercial activities;
  2. use cognitive and creative skills to exercise critical thinking and judgment in demonstrating the application of principles of relevant case law and legislation to particular sets of facts;
  3. demonstrate an advanced understanding of how the legal system operates in relation to regulating business and commercial activities; and also develop and present skilled analysis of the advantages and disadvantages of business structure choices; and
  4. identify and critically analyse, synthesise, and consolidate a persuasive and coherent legal argument that applies the principles of corporations law, especially corporate governance rules, to complex fact situations and identify remedies available for their enforcement.
  5. identify the Chapter 7 obligations for retail clients for the use of FSG and SoA; as well as the consequences for breach reporting; the penalty regime and compliance with AML/CTF, as well as the privacy laws.